Role and Purpose of HDC

  • Increase the Number of Low and Moderate Income Homeowners
  • Ensure Long Term Affordability
  • Provide Education to Home Buyers and Tenants
  • Decrease the Number of Foreclosures for Low and Moderate Income
  • Promote All Types of Assistance and Loan Products
  • Promote Economic Development
  • Add to Existing Housing Stock
  • Increase Property Tax Base
  • Provide Opportunities for Low and Moderate Income Families to Purchase New Housing
  • Add to the Useful Life of Existing Housing
  • Improve Neighborhoods
  • Provide Opportunities for Businesses to Recruit New Employees
  • Add Stability to the Existing Workforce Environment
  • Act as an Advocate for Low and Moderate Income Buyers
  • Assist Communities in Improving Blighted Areas
  • Impact the Local Economy – Contractors, Suppliers, Realtors, Lenders
  • Partner with Other Entities such as City, Government, Community Redevelopment Authorities, Other Non-Profits, USDA – RD, Private Sector Businesses and Housing Authorities, to Package Affordable Housing Initiatives
  • Access State and Federal Funds to Increase the Availability of Affordable Housing